Tax VAT Point

Income Tax Act 2023

Section 65 - Deductions not Admissible in Certain Circumstances

(as updated till Finance Act 2024)

Notwithstanding anything contained in this Chapter, following expenses shall not be allowed in computing income from financial assets, namely:—

(a) interest payable outside Bangladesh on which tax has not been deducted or paid in accordance with the provisions of this Act;

(b) interest or commission paid against income from such financial assets, which are exempted from tax;

(c) any expenditure of a capital or personal nature.

Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.

Protected Contents. You are not allowed to do this action. For any information, please connect at info@taxvatpoint.com

Scroll to Top